Org.nr 998 594 847 2016 → 2017 Year-over-year analysis

3B SERVICE AS: årsregnskap 2017 vs 2016

Grew 148% on revenue

approved 2020-10-27; registry 2020-10-31; journal 2020 963601

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 3B SERVICE AS. Revenue 1.85m NOK → 4.59m NOK (+148.4%). Equity 220.0k NOK → 1.52m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 3B SERVICE AS.

Scorecard

Revenue
1.85m NOK 4.59m NOK
+148.4%
Operating result
+451.4k NOK n/m
—
Net result
+326.2k NOK n/m
—
Equity
220.0k NOK 1.52m NOK
+591.4%
Cash
90.9k NOK 252.6k NOK
+178.0%
Total assets
2.39m NOK 3.19m NOK
+33.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.85m NOK to 4.59m NOK (+148.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 220.0k NOK → 1.52m NOK (equity ratio 9.2% → 47.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 90.9k NOK → 252.6k NOK (+178.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.48× → 10.06×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 560.9k NOK → 716.2k NOK (30% → 16% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 245.7k NOK → 353.8k NOK (+44.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 454.9k NOK → 388.4k NOK. Reported fact